You Purchased a Stock for $29

question 1

Multiple Choice

You purchased a stock for $29.40 a share,received a dividend of $0.72 per share,and sold the stock after one year for $31.30 a share.What was your dividend yield on this investment?

• A)2.30 percent
• B)2.38 percent
• C)2.45 percent
• D)2.67 percent
• E)2.80 percent

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Civil Rights Act of 1964

A landmark federal law in the United States that prohibited discrimination based on race, color, religion, sex, or national origin.

Seniority System

A method of granting privileges, promotions, or pay based on the length of service or tenure with an employer, often used to determine priority in layoffs and job assignments.

Federal Law

A body of law at the national level within the United States that is enacted by the federal government.

Younger Workers

Individuals in the workforce who are typically classified by a younger age range, often new entrants or those in the early stages of their careers.